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Olegator [25]
3 years ago
14

Suppose you deposit $1,633.00 into and account 9.00 years from today into an account that earns 14.00%. How much will the accoun

t be worth 14.00 years from today
Business
1 answer:
Vika [28.1K]3 years ago
4 0

Answer:

$3144.20

Explanation:

Using the formula of Future Value FV = PV(1 + R)^N

where;

Present Value PV = $1633

Rate R = 0.14

∴

FV = $1633(1 + 0.14)^5

FV = $1633(1.14)^5

FV = $3144.20

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Candy crunchers wants to see if their new candy is enjoyed more by high school or middle school students. they decide to visit o
lukranit [14]
The answer would be: all students who attend one middle school and one high school in Miami, FL. As the company, Candy Crunchers, only took surveys from one high school and one middle school only, that would be the sample of the population.
7 0
4 years ago
Read 2 more answers
Jason wants to open a checking account with a ​$100 deposit. Jason believes he will write 15 checks per month and use other​ ban
anastassius [24]

Answer:

Hillsboro Bank

Explanation:

Jason has 4 banks to choose from:

                          Hillsboro     First National     Trust South      Sun Coast

15 checks              $3                   $8                      $0                  $7.50

8 ATM's                 $4                  $12                     $12                  $12

<u>no minimum          $6                   $7                      $11                   $2.50    </u>

total                       $13                  $27                    $23                  $22

Jason should choose Hillsboro bank because his total monthly fees will be lower.

8 0
3 years ago
Real estate is a great investment for everyone, particularly since the money is more liquid than common stocks.
sveta [45]
This answer is FALSE - FUN FACT - Liquidity of money refers to the ease with which the owner of an asset can convert it into cash it is easier to convert common stocks into cash rather than attempt to raise cash from sale or mortgage of real estate assets
5 0
3 years ago
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If the economy is at equilibrium above potential output:
babunello [35]

Answer:

B) There is an inflationary gap, and contractionary fiscal policy is appropriate.

Explanation:

One of the macroeconomic cases is inflationary gap. It means that the difference between the current level of real gross domestic product (GDP) and the predicted or forecasted GDP that would be experienced and achieved if an economy is at full employment. It could be claimed that when the demand for goods and services gets over the production in the factors such as: higher levels of overall employment, increased trade activities or increased government expenditure.

In order to overcome this gap, the contractionary fiscal policy must be considered. The mechanism of that policy is to increase the taxes decrease the government expenses due to inflationary pressures. This policy consequently will affect the level of consumption and private investment, respectively, these also will decrease the real GDP.

Other concept of macroeconomics is recessionary gap. In comparison to inflationary gap, this concept indicates the economy operating at lower level than its full equilibrium level, in turn, the level of real GDP is also less than full equilibrium level. We used to see this situation when the economy was intending to recess.

In order to overcome this gap, the expansionary fiscal policy will work well. Because of decreasing taxes and increasing government expenditures, the recessionary gap can be fought anymore. Since the taxes decreases, the business will revive and the confidence to the investment will increase, as a result the GDP will rise. Moreover, the growing government expenditures will stimulate the GDP to accrue.

To summarize, according to the question we need the gap in which the economy is above of potential, this means inflationary gap. Following this finding, the contractionary fiscal policy will be solution.

6 0
4 years ago
Bagels and cream cheese are complementary goods. The price of flour, used to make bagels, has fallen. As a result, the equilibri
statuscvo [17]

Answer: When the price of the flour falls, the equilibrium price of the cream rises and the equilibrium quantity of the cream cheese also rises

Answer A is correct

Explanation:

if flour is cheaper, bagels are chepear so demand increases and both equilbrium price and equilibrium quantity rises

8 0
3 years ago
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